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Cirrus Gold Announces Discovery of New Area of Interest on the Cu-Au Chuchi South Property
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2022) - Cirrus Gold Corp. (CSE: CI) (the "Company" or "Cirrus") provides an update on the recent Cu-Au
About this update from American Copper Development Corporation
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 5, 2022) - Cirrus Gold Corp. (CSE: CI) (the \"Company\" or \"Cirrus\") provides an update on the recent Cu-Au exploration work carried out on the Chuchi South Property (the \"Property\"). In September 2021, two geologists and a prospector spent nine days on the Chuchi South Property. The team was able to assess the geology in additional areas and collect approximately 160 grab samples. The September field programme resulted in: The expanded understanding of a subparallel copper zone 50 m north of the COHO Zone. This zone is related to irregular monzonite to syenite dikes and strong K-feldspar and epidote alteration in the diorite. The expanded understanding of a copper exploration zone 300 m north of COHO. This zone is in a very strongly magnetic gabbro and pyroxenite host which is lithologically distinct and easily traced as a magnetic high. Some veins had been previously sampled by the vendor, but additional veins and disseminated copper sulphides were noted, as well as one shear with a solid 3 cm chalcopyrite vein. Many of the veins are irregular quartz breccia veins with chalcopyrite and local sphalerite concentrated in the centre and epidote margins. Finally, the field team also unearthed a new exploration area of interest. It occurs in the west part of the property, close to monzonite where veinlets and fractures of chalcopyrite mineralization extends for 350 m. This mineralization is very similar to the zone 300 m north of COHO with quartz-epidote-chalcopyrite veins being very common, some of which are quite rich (determined by visual review). Figure 1.0 Readers are encouraged to read the additional information and Figure on the Property located below in this Press Release. James Walchuck, CEO of Cirrus, stated: \"The results of the 2021 field exploration programme were more than just successful for Cirrus. The Company thanks our Geological team for the great work in assessing and increasing the knowledge base of the known zones located on the Property as well as discovering a new zone to explore. Given the Property's proximity to known deposits and combined with analogous geology we are highly encouraged with the Property and look forward to further exploration on it.\" The Company will continue to review and assess the information it has currently on hand. Onc...